South Korea

Tim Hortons to launch in South Korea

It signed a master franchisee agreement with South Korean QSR chain BKR Co. Ltd.

Tim Hortons to launch in South Korea

It signed a master franchisee agreement with South Korean QSR chain BKR Co. Ltd.

Coupang net income climbs by $300m in Q1

Its net income amounted to $91m.

SKS Capital invests in South Korea’s Grace

The $5m raised will be used for Grace’s business expansion.

South Korea retail sales up 7.9% in February

The operating days during the Seollal holidays helped boost sales.

Superdry sells IP assets to South Korea’s Cowell Fashion

The transaction costs $50m.

South Korea's Coupang narrows loss to $92m in 2022

This improved by $1.5b.

Online sales drive South Korea’s 4% retail growth in January

The country’s offline sales dipped by 0.5%.

South Korean restaurants feel the pinch of surging delivery costs

Higher demand for food delivery workers has ramped up the cost of labour in the industry.

South Korean department stores enjoy sales rebound

Many reported growth in sales from foreign customers.

Redbubble faces inflation-led headwinds despite cost-cutting

Investors have turned bearish because of changes in consumer behaviour.

Convenience stores go green in South Korea

Emart24 and 7-Eleven have ramped up their promotion of eco-friendly cups.

South Korea’s retail sales up 9.2% YoY in 2022

Both online and offline sales posted strong growth.

Thom Browne to operate Korean business directly

A new company, Thom Browne Korea, will be formed.

Korea’s internet firm Naver acquires Poshmark

They plan to establish a global player in the online fashion re-commerce market.

Market Kurly operator postpones planned IPO

The company plans to push through with public listing ‘at an optimal moment.’

South Korea's department stores reduce VIP benefits

Analysts said VIP customers surged amidst a spike in luxury consumption.

L’Oréal invests in micro-printing startup

The company developed the L’Oreal Brow Magic with Prinker Korea.